M.T. COLE S.A.

Operated by BKV BARNETT II, LLC (P-5 103758) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265752District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Aug 2012 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
166
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112013-01-23207933
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition23,038 bbl$1,883,575
GasProduction2,278,870 Mcf$7,876,133
Total$9,759,709

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2893, -97.3916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28930, -97.39156 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,213 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,213 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-12134273402H8,213 ftAug 2012

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (166)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

166 months

May 2026676,549106.413.05$27,077
Apr 202605,95598.932.87$17,089
Mar 2026604,47389.753.15$19,472
Feb 202605,10963.503.75$19,160
Jan 202604,79659.138.00$38,358
Dec 202504,97856.664.41$21,970
Nov 202504,86258.593.93$19,090
Oct 202504,19859.383.30$13,874
Sep 2025604,01162.743.08$16,106
Aug 202504,78063.933.01$14,411
Jul 2025514,54366.743.32$18,465
Jun 2025504,75366.483.13$18,195
May 202515,44260.553.23$17,651
Apr 2025615,21662.363.54$22,285
Mar 2025565,47367.704.27$27,152
Feb 2025314,84270.884.34$23,216
Jan 2025634,83474.324.28$25,365
Dec 202405,68668.993.12$17,748
Nov 2024635,79269.052.20$17,084
Oct 2024566,89971.372.28$19,736
Sep 202407,12569.612.36$16,846
Aug 2024547,27175.632.06$19,089
Jul 202407,30679.932.15$15,683
Jun 202407,15978.082.63$18,857
May 202406,51378.812.20$14,318
Apr 202406,41484.451.66$10,642
Mar 2024606,75280.301.55$15,251
Feb 202406,25476.091.78$11,155
Jan 2024567,30173.023.30$28,165
Dec 202307,28271.262.61$19,011
Nov 2023557,32677.892.81$24,852
Oct 2023547,32485.443.09$27,225
Sep 202307,05889.042.74$19,304
Aug 202306,87980.522.67$18,387
Jul 2023556,24274.852.64$20,607
Jun 2023506,47468.962.26$18,069
May 202307,46470.622.23$16,625
Apr 2023547,58778.122.24$21,196
Mar 2023558,00572.852.39$23,164
Feb 2023566,21375.112.47$19,525
Jan 20231086,58076.533.39$30,556
Dec 2022526,90676.415.73$43,538
Nov 2022557,01085.005.65$44,255
Oct 2022517,46087.185.86$48,190
Sep 202206,78884.888.16$55,415
Aug 2022586,47294.529.13$64,553
Jul 202207,600101.587.54$57,320
Jun 2022537,791115.097.98$68,250
May 202207,238109.378.43$61,038
Apr 2022527,980104.226.84$59,983
Mar 20221078,209108.885.08$53,322
Feb 202207,23891.054.86$35,168
Jan 2022528,99081.844.54$45,049
Dec 202109,41171.323.90$36,695
Nov 2021549,47777.435.24$53,811
Oct 2021011,49779.795.71$65,692
Sep 2021516,69469.865.35$39,382
Aug 202108,33566.024.22$35,179
Jul 2021489,43170.783.98$40,952
Jun 202108,91569.493.38$30,138
May 2021519,47963.483.02$31,842
Apr 2021519,11660.362.76$28,224
Mar 202109,56361.302.72$25,982
Feb 2021518,94157.805.55$52,552
Jan 2021529,34850.412.81$28,892
Dec 2020549,39044.642.68$27,533
Nov 2020538,71138.772.71$25,632
Oct 2020539,22836.972.48$24,830
Sep 202009,45137.091.99$18,817
Aug 2020528,93639.982.39$23,392
Jul 2020529,82738.371.83$19,931
Jun 202009,76234.901.69$16,501
May 20204910,35216.921.81$19,615
Apr 20204510,07814.751.80$18,848
Mar 20204810,27630.341.86$20,531
Feb 20205610,11549.881.98$22,828
Jan 20207410,62957.252.09$26,501
Dec 20197810,94659.012.30$29,826
Nov 20198210,66355.302.75$33,865
Oct 2019010,76453.472.42$26,033
Sep 2019610,71155.052.66$28,792
Aug 20191611,52553.112.30$27,408
Jul 20192911,48556.272.46$29,886
Jun 20193710,74752.782.49$28,726
May 20194411,64658.482.74$34,487
Apr 2019011,75762.632.75$32,340
Mar 201910611,16956.803.06$40,221
Feb 20195510,36650.852.79$31,741
Jan 20195111,69546.033.23$40,101
Dec 2018547,97146.594.19$35,878
Nov 20185313,03852.934.24$58,050
Oct 2018014,05561.443.40$47,760
Sep 20185413,42059.543.11$44,925
Aug 2018014,01059.403.07$42,963
Jul 20185413,61165.142.93$43,423
Jun 20186213,25560.183.08$44,516
May 201811812,72765.382.90$44,633
Apr 2018010,47363.842.90$30,380
Mar 201810710,95061.222.79$37,066
Feb 2018499,99361.782.77$30,669
Jan 201810112,36962.874.01$55,941
Dec 20175512,50857.272.92$39,692
Nov 20176712,20855.423.12$41,782
Oct 20177913,70049.292.98$44,770
Sep 20177413,82747.523.09$46,204
Aug 20177013,95245.373.00$45,093
Jul 201711814,45743.873.09$49,809
Jun 20172915,84942.493.09$50,163
May 20173715,79545.373.26$53,224
Apr 20173615,73347.933.21$52,254
Mar 20175815,38546.772.98$48,617
Feb 20176515,03550.452.95$47,672
Jan 20175817,08149.413.42$61,262
Dec 20166616,98548.763.72$66,450
Nov 20167917,37842.492.64$49,310
Oct 201636618,54046.193.09$74,199
Sep 2016017,28741.553.10$53,601
Aug 20169916,63141.442.92$52,737
Jul 201617818,16841.622.92$60,538
Jun 201611119,10945.352.69$56,357
May 201621413,00642.521.99$34,995
Apr 20164521,48436.561.99$44,421
Mar 20169121,43033.011.79$41,450
Feb 201613020,96426.472.06$46,703
Jan 20167419,45727.352.36$48,027
Dec 2015411,97232.362.00$24,090
Nov 2015013,14638.792.17$28,492
Oct 2015013,30643.552.43$32,288
Sep 201506,11042.992.76$16,854
Aug 2015233,59040.162.87$11,236
Jul 201509948.152.95$292
Jun 201507,56156.152.88$21,797
May 2015482,00455.212.96$8,573
Apr 20152426749.822.71$1,918
Mar 20150242.892.93$6
Feb 201515417,92044.662.98$60,211
Jan 201519922,81443.433.10$79,380
Dec 201413324,18754.693.59$94,138
Nov 20149323,68870.464.25$107,270
Oct 20147025,10378.303.90$103,407
Sep 2014434,86386.164.05$23,378
Aug 20148225,06789.394.04$108,478
Jul 201410524,48796.564.18$112,485
Jun 20146423,56698.164.74$117,912
May 20144322,85494.734.73$112,094
Apr 20149924,20395.944.81$125,893
Mar 201412726,02495.895.06$143,776
Feb 201410725,44397.406.19$167,965
Jan 201417228,41390.404.86$153,656
Dec 201322329,15991.824.35$147,448
Nov 201324225,23088.853.74$115,819
Oct 201318925,91697.423.78$116,358
Sep 201316926,677104.113.72$116,773
Aug 201314818,724104.253.52$81,386
Jul 2013531,178102.523.72$9,813
Jun 201346234,02394.403.93$177,439
May 201349637,29694.834.15$201,780
Apr 201353638,61993.964.28$215,752
Mar 201380047,00593.623.91$258,820
Feb 20131,14747,49291.233.42$267,059
Jan 20131,28159,63191.603.42$321,272
Dec 20121,53762,61686.773.42$347,522
Nov 20121,87958,75586.953.62$376,364
Oct 20122,15569,53389.383.40$429,004
Sep 20124,12678,49094.672.92$619,674
Aug 2012015892.662.91$459

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate            67 bbl  × $106.41 =     $7,129
Gas                6,549 Mcf  × $  3.05 =    $19,947

────────────────────────────────────────────────────
Month total                                  $27,077

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/265752 is the state's own key, not one this site invented.